Increased utilization of renewable generation by added thermal storage

Description

Demand-Side-Management (DSM) incorporates load shifting, which aims to transfer parts of the electrical grid load to a different schedule with more desirable features. Energy storage is one way to achieve load shifting by storing energy during periods of abundant electricity generation and drawing from it during times of scarce generation. The purpose of this study is to explore the potential of incorporating thermal storage for heating in the Faroe Islands, utilizing renewable power generation. The study will utilize historical data of heat consumption for buildings equipped with heat pumps, coupled with wind power production, to assess whether additional storage can enhance renewable power consumption, ultimately reducing oil-generated consumption. During periods with high wind power production and low heating requirements, and subsequent periods with no wind and high heating needs, additional storage may prove advantageous in avoiding non-renewable generation and reducing variability in the generation-to-consumption balance. Forecasting generation and load is essential for proper storage management, and the paper will examine and assess the weather forecast precision necessary to maximize the benefits of this setup. Examining the data for potential and actual wind power production and electricity consumption for heating in the Faroes shows both periods with wind power surplus and deficit, creating an excellent case for added energy storage, and as many of the periods of overlap are short, a short-term storage option such as a small thermal storage is very interesting.

Period	30 Sept 2014
Event title	9th int. conf. on Smart Energy Systems 8-15.09.2023
Event type	Conference
Location	Copenhagen, DenmarkShow on map
Degree of Recognition	International